Dec. 7, 2021: What Does the "New Normal" Mean for LIHTC Compliance?

Published by Michael Novogradac on Tuesday, December 7, 2021 - 3:30pm

There’s a “new normal” for low-income housing tax credit (LIHTC) compliance monitoring. Certain LIHTC compliance requirements in place today are different from requirements that were in place before the pandemic. Michael Novogradac, CPA, and Novogradac’s director of compliance, Stephanie Naquin, discuss how the new compliance regime affects state allocating agencies, property owners and managers, as well as investors and syndicators. They cover tenant file reviews, physical inspections, implementation of a 15-day reasonable notice period and more.